Data as of .
GLDN vs NUGY: which paid, and which earned it?
GLDN and NUGY both write options for income.
What they hold in common
By the books each fund has filed, GLDN and NUGY hold 0% of their money in the same securities at the same weight.
| Only in GLDN | Only in NUGY |
|---|---|
| SPDR Gold MiniShares Trust 30.40% | Treasury Bill 95.75% |
| SSR Mining Inc 7.03% | Treasury Bill 4.25% |
| Franco-Nevada Corp 5.93% | |
| Newmont Corp 5.81% | |
| Kinross Gold Corp 5.80% | |
| Agnico Eagle Mines Ltd 5.66% | |
| Anglogold Ashanti Plc 5.66% | |
| Barrick Mining Corp 5.42% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GLDN | NUGY | GLDN | NUGY | GLDN | NUGY | |
| 3 months | +11.4% | −2.3% | 3.7% | 14.3% | +7.8 pts | −18.0 pts |
| 6 months | +9.4% | −0.5% | 7.5% | 31.6% | +12.3 pts | −19.7 pts |
| Since launch | −10.6% | −3.1% | 6.7% | 52.9% | +1.9 pts | −30.3 pts |
| GLDN Nicholas Gold Income ETF Option income on GLD, paying weekly | NUGY GraniteShares YieldBOOST Gold Miners ETF Synthetic covered call on GDX, paying weekly | |
|---|---|---|
| Issuer | Nicholas | GraniteShares |
| Strategy | option income | synthetic covered call |
| Benchmark | Gold (GLD) | Gold miners (GDX) |
| Pays | weekly | weekly |
| Payout rate, annualized | 15.4% | 58.4% |
| Expense ratio | 1.07% | 1.07% |
| Cash paid, 1 year | 6.7% (since launch on Feb 18, 2026) | 52.9% (since launch on Nov 18, 2025) |
| Price change, 1 year | −17.5% | −52.4% |
| Total return, 1 year | −10.6% (since launch on Feb 18, 2026) | −3.1% (since launch on Nov 18, 2025) |
| Benchmark return, 1 year | −12.5% | +27.1% |
| Ahead or behind | +1.9 pts | −30.3 pts |
| Return of capital, latest estimate | not published | 96% |
| Age | 212 days | 304 days |
| Net assets | $3m | $6m |
GLDN in plain words
Over the period since launch on Feb 18, 2026 to Sep 18, 2026, GLDN paid 6.7% of its starting value in cash distributions while its price fell 17.5%. With every distribution reinvested, the fund returned −10.6%. Gold (GLD) returned −12.5% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.4%, paid weekly.
NUGY in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, NUGY paid 52.9% of its starting value in cash distributions while its price fell 52.4%. With every distribution reinvested, the fund returned −3.1%. Gold miners (GDX) returned +27.1% over the same days, so a holder was behind by 30.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 58.4%, paid weekly. GraniteShares estimates that 96% of the distribution paid Aug 25, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, GLDN or NUGY?
- GLDN charges 1.07% a year and NUGY charges 1.07%, so GLDN is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GLDN against NUGY, data as of Sep 18, 2026. https://etfiq.com/compare/income/gldn-vs-nugy Free to use with attribution; the underlying files are at Open data.